Hot Research PM

Stock Up on Comstock

Global Hunter upgraded the energy explorer to Buy from Accumulate.

After two days of marketing with Comstock Resources on the West Coast, we're upgrading the stock to Buy from Accumulate on increased confidence that Comstock will show the market it can maintain its tier 1 Eagle Ford inventory of two-plus years by executing on bolt-on deals in the play—and to do so without overpaying.